Business

How to create a successful crowdfunding campaign?

If you are on this page, we are assuming you are already familiar with the concept of crowdfunding and are looking forward to creating a successful crowdfunding campaign. So we will not make it boring by giving you the basics. Neither will we allure you with a flashy websites. We keep it simple here to give you PURE INFORMATION that you can act on. Here is a list of things you will get to learn from this blog series.

What are the major drawbacks of crowdfunding campaign you should consider before you even start.

Creating homepage for a crowdfunding campaign for cheap – $10 or less for the entire year with your own hosting & domain name.

How crowd psychology works in crowdfunding – understand what people think and how to say what they want to hear.

Which crowdfunding platform to use – there are, like 15 platforms and the best platform kick-starter may not be the best for you.

What to include in a crowdfunding campaign pitch – 10 points that must be included and 10 points that don’t need to be in the pitch.

How to make videos for cheap for your campaign at $0 + your some of your time.

How to set the rewards for a crowdfunding campaign so people are motivated to contribute and what price denomination these should be.

Amount to set aside for crowdfunding campaign and the duration of the campaign.

How to use Social media to create buzz about your campaign.

What platforms to use.

What to share

How often to share

What do you get?

9 lessons high on information low on BS. We never fill the paid content with any information that is not actionable. Each line is an action for you to take.

Once you use the information to create your campaign, you can avail the following before going live

1 consultation to discuss any questions you may have

1 complete check of you campaign for weaknesses

What is the price?

Well the answer is simple, think about the questions raised above. Do you have similar questions? How badly you want them answered? We let you decide how much you want to pay for it. However, there is minimum $5 charge since we are assuming you will bookmark the content and visit is again and again. In order to keep the website up and running we need to take care of bare minimum expenses, hope you can understand that.

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Related

Do you want to start a new online business but are confused where to start? The excitement and the possibilities can cause an analysis-paralysis and hinder you to act. So we have prepared a step by step list of things that you can do. Start from the top and keep going down the list. If you get stuck somewhere you can always hire us , email us for consultation or just Google search and you will find millions of articles detailing the same.

1. Determine viability (MOST IMPORTANT)

Test demand for your product by creating a limited time pre-order page. On this page you can test the expected demand for your products by allowing users to click on the ‘pre-order now’ button. Give users an incentive for pre-ordering, like a 40% discount. This will give you an idea if your product is likely be purchased once it is out in the market. If you find that there are more requests for pre-order even after your offer period ends, you know you have a winning product!

2. Create a Brand

Choose a business name

Register a domain name

Set up a website (Check THIS page for details on how to set up a website)

Register social media profiles

3. Figure out the money

Add up all your expenses for sustaining this new venture. Do the numbers make sense? Will you be able to earn your expenses plus the profit?

4. Start your revenue stream.

ACT, ACT, ACT. Never get into the trap of making sure its 100% perfect right of the bat. Are you 70% done? That’s good enough. Move on the next task. Keep moving forward, quickly, intelligently. If needed, always apply pareto law to every task. This law states that only 20% will yield 80% results & the remaining 80% effort will only accomplish 20% results. Find your 20% effort that will yield 80% results.